Survey

De-Risking and Other Challenges in the Emerging Market Financial Sector : Findings from IFC’s Survey on Correspondent Banking

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collection.link.275
https://openknowledge.worldbank.org/handle/10986/20825
collection.name.275
Enterprise Surveys
dc.contributor.author
Stames, Susan
dc.contributor.author
Kurdyla, Michael
dc.contributor.author
Prakash, Arun
dc.contributor.author
Volk, Ariane
dc.contributor.author
Wang, Shengnan
dc.date.accessioned
2017-12-06T23:35:14Z
dc.date.available
2017-12-06T23:35:14Z
dc.date.issued
2017-09-01
dc.date.lastModified
2017-12-14T05:48:29Z
dc.description.abstract
This paper examines the relationship between increasing compliance costs and correspondent bank de-risking, among other challenges, and the ability of private-sector banks in emerging markets to continue providing international banking services to their customers. The IFC Financial Institutions Group, which provides investment and advisory services to banks, microfinance institutions, mortgage and insurance companies, and other financial services providers in emerging markets, has built a global network of hundreds of clients in more than one hundred countries who rely on cross-border banking to serve the needs of their customers and, through their customers, their countries. This paper seeks to enlighten the public discourse on de-risking by sharing insights gleaned from the perspectives of IFC’s network of global emerging market financial institution clients. In this discussion, the authors present the results of the 2017 Correspondent Banking in Emerging Markets survey, undertaken by IFC to capture both data and information from IFC client banks in ninety two emerging markets.
en
dc.identifier
http://documents.worldbank.org/curated/en/895821510730571841/De-risking-and-other-challenges-in-the-emerging-market-financial-sector-findings-from-IFC-s-survey-on-correspondent-banking
dc.identifier.uri
http://hdl.handle.net/10986/28968
dc.language
English
dc.publisher
International Finance Corporation, Washington, D.C.
dc.rights
CC BY-NC-ND 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subject
EMERGING MARKET
dc.subject
BANK
dc.subject
FINANCE
dc.subject
CORRESPONDENT BANKING
dc.subject
EMERGING MARKET ECONOMIES
dc.subject
ACCESS TO FINANCE
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
REGULATION
dc.subject
AML/CFT
dc.subject
FINANCIAL TECHNOLOGY
dc.subject
INTERNATIONAL BANKING
dc.subject
REMITTANCES
dc.subject
TRADE FINANCE
dc.subject
CURRENCY SETTLEMENT
dc.subject
FINANCIAL INCLUSION
dc.title
De-Risking and Other Challenges in the Emerging Market Financial Sector
en
dc.title.subtitle
Findings from IFC’s Survey on Correspondent Banking
en
dc.type
Survey
en
okr.date.disclosure
2017-11-14
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Working Paper
okr.docurl
http://documents.worldbank.org/curated/en/895821510730571841/De-risking-and-other-challenges-in-the-emerging-market-financial-sector-findings-from-IFC-s-survey-on-correspondent-banking
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b08531ea1b_1_0
okr.identifier.internaldocumentum
28159465
okr.identifier.report
121275
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/895821510730571841/pdf/121275-WP-IFC-2017-Survey-on-Correspondent-Banking-in-EMs-PUBLIC.pdf
en
okr.topic
Finance and Financial Sector Development :: Banks & Banking Reform
okr.topic
Finance and Financial Sector Development :: Finance and Development
okr.topic
Finance and Financial Sector Development :: Financial Intermediation
okr.topic
Finance and Financial Sector Development :: Financial Structures
okr.topic
Finance and Financial Sector Development :: International Financial Markets
okr.topic
Private Sector Development :: Emerging Markets
okr.unit
Corporate Affairs & Admin. (SECCA)

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